Graffiti USA Classic Car Museum Inc

Analysis

Graffiti USA Classic Car Museum Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Graffiti USA Classic Car Museum Inc reported income of $734k and spending of $300k, leaving 59% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $206k to $734k (+255%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 212%. Over the whole period it spent 35% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Graffiti USA Classic Car Museum Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Worthless Foundation Inc ($733k), Santa Cruz Valley Art Association Inc ($734k) and Maryland Turkish American Inhabitants Inc ($733k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $3.7m against liabilities of $2.1m, net assets of $1.6m.